FTSE 250 Compaines goining Ex Div this week
FTSE 250 Companies going ex dividend this week. 10th July 2017 – 14th July 2017 W H Smith PLC (SMWH) – Ex date: 13/07/17 – Record date: 14/07/17 Safestore Holding PLC (SAFE) – Ex date: 13/07/17 – Record date: 14/07/17 Halma PLC (HLMA) – Ex date: 13/07/17 – Record date: …
Oil price still suppressed
Brent crude oil price today is stuck below $47.00 a barrel. As there are fewer company results out today – I’m guessing that with a slower news day, oil may have an effect on the FTSE 100. The continuing issue of over-production, US shale gas improvements, higher stock inventory all …
Germany strong trade data reported for May
Exports continue the upward trend in Germany for May. Five months in a row now they have increased suggesting that the Global economy is improving still.
Federeal Reserve Testimony
Janet Yellen, chair of the Federal Reserve, will be discussing policy and the economy in a Congressional testimony on Wednesday and Thursday this week. Interest rates will be top of the agenda no doubt, as usual – I assume it will be closely watched by the markets. It’s not so …
Tesla share price
Tesla share price has fallen by approximately 13% this week (as of 06/07/17) reducing the company’s market value by nearly $8 billion. Increased competition in the electric car market, safety test results and lower deliveries played a part. Tesla lost its status as most valuable US car maker. My guess …
US Job data
US non-farm payroll data shows the US created more jobs in June than analysts expected – according to the Bureau of Labor Statistics. 222,000 jobs were created in June. The DOW futures pushed up 50 pts on this news. April & May’s figures were also revised upwards. Let’s see what …
Tesla to create giant battery system
Tesla is planning to build a giant lithium ion battery linked to a wind farm in Australia. This will be the world’s largest battery system ever installed. ‘It will be a 100-megawatt battery’, Elon Musk CEO of Tesla confirmed – ‘the next biggest battery in the world is 30 megawatts’. …
Weak UK economic data reported
Weak UK economic data reported The Office for National Statistics (ONS) has been busy with their data releases this morning. Three sets of data reported… (1) The UK’s trade deficit widens in May. The deficit for goods and services increased by £1 billion to £3.1 billion according to the ONS. …
EU and Japan Trade Agreement
EU and Japan Trade Agreement The European Union and Japan agree a free trade deal. Presumably this agreement will strengthen the EU leadership and leave the UK on the outside of the benefits. European council president Donald Tusk and European commission president Jean-Claude Junker must be delighted. All leaders hail …
End of Petrol and diesel in France?
End of Petrol and diesel in France? I noticed a very interesting report recently that really grabbed my attention. The end of petrol & diesel engines The ecology minister for France, Nicolas Hulot, has a vision that by 2040 you will not be able to buy a diesel or petrol …